Cheap Homes for Rent in Ocean City, NJ from $1,600 (5 Rentals)

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Cheap Homes in Ocean City.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Ocean City, NJ Local Guide

Cheapest Neighborhoods for Apartments in Ocean City, NJ

Pricing Updated: 05/02/2025

Current apartment rentals in the Ocean City, NJ area range in price from $1,975 to $85,000 with an overall median price of $42,800. The three Ocean City neighborhoods with the lowest median rent pricing are Clubhouse Lagoon at $2,200, The Goldcoast at $2,200, and Merion Park at $2,200. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Ocean City Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Clubhouse Lagoon$11,750$2,2006
The Goldcoast$11,750$2,2006
Merion Park$20,500$2,2005
Downtown Ocean City$85,000$1,97515
The Board Walk$85,000$1,97513

Cheapest Available Ocean City Apartments for Rent

 

The cheapest available apartment rental in Ocean City, NJ is a 1 Bed unit found at The Heritage Communities in the Chelsea View neighborhood priced from $1,002. The Showboat Residences in the Venice Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Ocean City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Heritage CommunitiesOne Bedroom1BR,1BA$1,002
The Showboat ResidencesStudioStudio,1BA$1,200
The Ocean at 101 BoardwalkStudio with Ocean ViewStudio,1BA$1,250

Best Value Apartments for Rent in Ocean City, NJ

As of May 02, 2025 the best value apartment in the Ocean City area is the $1.59 price per square foot Banyan III Model at Evergreen at Timber Glen in the in the Cedar Point neighborhood starting from $2,696. The second greatest value Ocean City apartment is the Burton Model at Cresson Hill starting at $2,180 with a $1.71 price per square foot in the Mount Pleasant neighborhood. Here is today’s list of the best values for Ocean City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Evergreen at Timber GlenBanyan III3BR,2.5BA$1.59
Cresson HillBurton2BR,2BA$1.71
Millville Manor2 Bedroom2BR,1.5BA$1.21
Charles Drew Court ApartmentsTownhome3BR,1.5BA$1.92
Mill VillageBradford Renovated2BR,1BA$1.71
Oak Valley ApartmentsTwo Bedroom First floor2BR,1BA$1.56
Ocean TerraceTwo Bedroom2BR,2BA$1.99
The Landings Apartment HomesOne Bedroom - 900 sqft1BR,1BA$1.80
California Apartments1 Bedroom/ 1 Bathroom Apartment1BR,1BA$1.98
Riverview CondominiumsOne Bedroom1BR,1BA$1.90

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Frequently Asked Questions about Ocean City

What type of rentals are currently available in Ocean City?

There are currently 61 Apartments for Rent in Ocean City, NJ with pricing that ranges from $630 to $22,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ocean City ranging from $1,600 to $85,000.

What is the current price range for Rental Homes in Ocean City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ocean City ranges from $1,600 to $85,000 with an average monthly rent of $28,569.

How much are larger Three and Four Bedroom Rentals in Ocean City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ocean City range from $1,390 to $4,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $75,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,500.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.